NEW YORK, March 23, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade unlisted stocks, announced
that Latin Resources Limited (OTCQX: LNRDY; ASX: LRS), an
Australia based mineral
exploration company, has chosen to have its American Depositary
Receipts (ADRs) traded on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
Latin Resources began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find
current financial disclosure and Real-Time Level 2 quotes for the
Company on www.otcmarkets.com.
"We are pleased to welcome Latin Resources to OTCQX,"
said R. Cromwell Coulson, President and Chief Executive
Officer of OTC Markets Group. "The superior information and
visibility of the OTCQX marketplace allows companies to efficiently
build investor confidence and expand their shareholder base."
INTL Trading, Inc. will serve as Latin Resources'' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Latin Resources Limited
Latin Resources Limited (OTCQX: LNRDY; ASX: LRS) trades in
the United States on OTCQX under
the symbol "LNRDY", where each ADR represents 20 ordinary shares.
Latin Resources is also trading on the ASX under the symbol "LRS".
Latin Resources Limited is a mineral exploration company focused on
creating shareholder wealth through the identification and
definition of mineral resources in Latin
America, with a specific focus on Peru.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest Open, Transparent and Connected marketplace platform,
delivering price transparency in over 10,000 OTC securities. Our
OTC Link trading system directly links broker-dealers that provide
liquidity and execution services. We organize the wide spectrum of
OTC-traded securities into three marketplaces to inform investors
of opportunities and risks -- OTCQX - The Intelligent
Marketplace for the Best OTC Companies; OTCQB® - The Venture
Marketplace; and OTC Pink® - The Open Marketplace. Our
information-driven platform provides the information to
intelligently trade through any broker at the best possible price,
and empowers companies to build the best markets for their
investors. To learn more about our Open, Transparent and Connected
marketplaces, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
